Is Zscaler Stock a Buy Now?

Is Zscaler Stock a Buy Now?

Zscaler's (NASDAQ: ZS) stock tumbled 11% on Dec. 2 in response to its latest earnings report. For the second quarter, Zscaler expects its revenue to rise 42%-43% year over year and for its adjusted EPS to increase 123%-131%. All of those estimates exceeded Wall Street's expectations, yet Zscaler's stock still slipped and remains down nearly 60% for the year.